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University of Nebraska-Lincoln

Lincoln , Nebraska ,United States

Bachelor of Science in Business Administration (Actuarial Science (Business))

An actuary is a mathematically-oriented business person who will most likely be a manager or supervisor at some point in his/her career. Thus, a course of study culminating in a bachelor of science degree in business administration with a major in actuarial science is an excellent educational background for prospective actuaries.

The actuarial science program is designed to prepare students for the current industry demands. Because the demands change on a regular basis, oftentimes the number of hours, the sequencing of courses, and the specific requirements change for this major. Students should continue to consult with the department for the appropriate selection and listing of course requirements.

In addition, because of the mathematical orientation for this program, actuarial science majors are required to make some modifications to the degree program requirements. These requirements (with a reminder that all required coursework must be taken for a grade) are noted below.

Intakes

  • Jan
  • May
  • Aug

Application Processing Time in Days: 20

Application Process

Visa Process
30 Days

Minimum English Language Requirements

English Level Description IELTS (1.0 -9.0) TOEFL IBT (0-120) TOEFL CBT (0-300) PTE (10-90)
Expert 9 120 297-300 86-90
Very Good 8.5 115-119 280-293 83-86
Very Good 8 110-114 270-280 79-83
Good 7.5 102-109 253-267 73-79
Good 7 94-101 240-253 65-73
Competent 6.5 79-93 213-233 58-65
Competent 6 60-78 170-210 50-58
Modest 5.5 46-59 133-210 43-50
Modest 5 35-45 107-133 36-43
Limited 4 32-34 97-103 30-36
Extremely Limited < 4 < 31 < 93 < 30

Job Opportunity Potential

Handshake is the place for students of the University of Nebraska-Lincoln to search and apply for internships, co-ops, part-time and full-time jobs. You can also utilize Handshake to:

Upload a resume and complete your online career profile
Allow your online career profile and resume to be viewable by employers
Learn which employers are attending upcoming Career Fairs
View upcoming local and on-campus career events
Research contact information for local and national employers
Search for and apply to open positions

PSW Opportunity

  • 12 to 36 months (OPT duration depends on the major studied).

Admission Requirement / Eligibility Criteria

First-Year Applicants Should:

Have a 3.0 cumulative high school grade point average.
Or, score 20 or higher on the ACT, writing portion not required.
Or, score a total of 1040 or higher on the SAT Critical Reading and Math sections.
Or, rank in the top half of their high school graduating class.
All first-year applicants under the age of 23 are encouraged to submit an official ACT or SAT score.
Note: You are not required to submit an ACT or SAT score to be considered for admission or scholarships.

Test of English as a Foreign Language (TOEFL)
Score of at least 79 (iBT). The University of Nebraska–Lincoln institution code is 6877. Send your TOEFL score report via the TOEFL website.

International English Language Testing System (IELTS)
An overall band score of the academic test of at least 6.5. The general training exam is not accepted. No institutional code is needed.

Duolingo English Test (accepted Feb. 3, 2020 – December 31, 2022)
Graduate minimum score of 110.

TOEFL, IELTS and Duolingo scores are valid for two years.